Welcome to the VP Finance & Operations portfolio
The nine divisions of the VPFO are responsible for the stewardship of UBC’s physical and financial assets, as well as safety and risk management for our university community.
We oversee a $3.98 billion budget, a $3.38 billion endowment, and all facilities on both campuses, as well as managing the university’s relationships with UBC Investment Management and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of innovation, unity and accountability.

VPFO Strategic Plan 2024–2027
Having a strategic plan gives us a clear path, keeping everyone on the same page. Learn more about where we’re going next and how we plan to get there.
News from the VPFO
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Read more: UBC’s 5-Year Capital Plan approved by UBC Board of Governors

UBC’s 5-Year Capital Plan approved by UBC Board of Governors
UBC’s 5-Year Capital Plan was recently endorsed in the Board Committee meeting, in advance of submission to the province in July. A number of projects also received approval in the Board Committee meeting on June 29, 2022.
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Read more: Bold new plans unveiled for UBCO Downtown

Bold new plans unveiled for UBCO Downtown
Recently published photos and a video show how UBCO Downtown will weave excellence in research and teaching into the cultural, economic and social fabric of Kelowna’s downtown core.
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Read more: Announcing the search for a new Vice-President, Finance & Operations
Announcing the search for a new Vice-President, Finance & Operations
President Santa Ono has launched a search for a new Vice-President, Finance & Operations, and is seeking your views on the qualities you’d like to see in this appointment
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Read more: Increase in CRA Prescribed Interest Rate effective July 1, 2022

Increase in CRA Prescribed Interest Rate effective July 1, 2022
The CRA Prescribed Interest Rate will increase to 2% effective July 1, 2022. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect on future loans made under…
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Read more: New contracts available for Executive Search and Recruitment
New contracts available for Executive Search and Recruitment
The agreements for procurement of Executive Level Search and Recruitment Services with these approved providers will ensure simplified procurement process, access to a prequalified vendor pool of experienced and highly recognized executive search firms in BC, best value, and commitment…
People of the VPFO
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Read more: Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
Leena Mahasen will be joining as an Executive Director, Transformation and Strategy in the VP Finance & Operations on Monday, February 10. Reporting to the VP Finance & Operations, Leena’s expertise and leadership will play a key role in driving…
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Read more: Crystal Liu joins UBC Facilities as a Buyer for Project Services
Crystal Liu joins UBC Facilities as a Buyer for Project Services
Crystal Liu is joining the sourcing team as a Buyer for Project Services on January 8. Before UBC, she was a Procurement Advisor and Supply Chain Planner at Suncor for 13 years.
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Read more: John Ede joins UBC Facilities’ Municipal Services as Contract Manager
John Ede joins UBC Facilities’ Municipal Services as Contract Manager
John will be joining UBC Facilities on January 13. He holds a Bachelor of Applied Science in Chemical Engineering, a Master of Public Policy and Global Affairs, and is a Certified Supply Chain Professional.
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Read more: Brad Klaiber joins the Office of the Comptroller as Senior Director, Accounting and Compliance
Brad Klaiber joins the Office of the Comptroller as Senior Director, Accounting and Compliance
We are pleased to welcome Brad Klaiber as the new Senior Director, Accounting and Compliance, joining the Office of the Comptroller on January 6, 2025. Reporting to the Comptroller, Brad will be entrusted with providing leadership to the Finance Reporting…
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Read more: Sabrina Lin joins VPFO as Executive Assistant to the VPFO HR Director and Treasurer
Sabrina Lin joins VPFO as Executive Assistant to the VPFO HR Director and Treasurer
Sabrina Lin joins the VPFO Admin team as an Executive Assistant to the VPFO HR Director and Treasurer. Sabrina brings a wealth of experience in project management, event coordination and client service.